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A New Model for Innovation in Big Companies

Harvard Business Review

They pay upwards of $300K to $1 million to consultancy firms that conduct market analyses and in-depth need-finding, identify new opportunities, generate promising ideas, and, often, develop ideas into working prototypes. The client company then refines these concepts and prototypes and takes them to market. A Different Approach.

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Does Your Startup Have a Spending Strategy?

Harvard Business Review

You have to consider salaries, marketing budget, office size, technology services, and on and on. These spending choices require tradeoffs, so entrepreneurs must first develop a strategy for allocating limited resources across a wide range of available options. What is your business’ core competence?

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Learning from the Innovation Leaders

Great Leadership By Dan

Generating new ideas, recognizing those with breakthrough potential, and then mobilizing an organization to drive those ideas from the mind to the market – often in the face of substantial risk and uncertainty – is not something every CEO feels cut out to do. Innovation leaders never accept that there is only one “right” way of doing things.

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India's Decade of Collaboration

Harvard Business Review

For instance, in October 2010, Biocon struck a $350-million marketing alliance with Pfizer, the world's largest drug maker, to commercialize four of Biocon's insulin biosimilar products in non-overlapping markets globally. Inventors are engineers, scientists, or entrepreneurs who come up with an original idea. Transformers.

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